https://www.taxtmi.com/caselaws?id=218545 The Tribunal ruled in favor of the appellant, dispensed with the pre-deposit condition of duty and penalty, and allowed the stay petition unconditionally. The Tribunal held that considering the entire manufacturing process, including the production of exempted intermediate products, was necessary to determine the eligibility for credit on capital goods, rejecting the Revenue's argument that capital goods were used solely for non-excisable goods. The decision was supported by a Supreme Court judgment emphasizing the importance of evaluating the entire process, not just the final product. en-us Thu, 01 Dec 2011 00:00:00 +0530 Wed, 19 Sep 2012 18:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218545 The Tribunal ruled in favor of the appellant, dispensed with the pre-deposit condition of duty and penalty, and allowed the stay petition unconditionally. The Tribunal held that considering the entire manufacturing process, including the production of exempted intermediate products, was necessary to determine the eligibility for credit on capital goods, rejecting the Revenue's argument that capital goods were used solely for non-excisable goods. The decision was supported by a Supreme Court judgment emphasizing the importance of evaluating the entire process, not just the final product. Case-Laws Central Excise Thu, 01 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218545